41% of Buyers are Gone | Housing is Collapsing

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  • Опубліковано 3 жов 2024
  • 41% of buyers have chosen to wait on buying a home. The latest mortgage application numbers are in and they are looking ugly. It turns out that 41% of buyers have left the buying pool and 87% of people have decided not to refinance. On top of that Ibuyers have decided to also call it quits which is adding more pressure to sellers to lower their prices since there is not as much demand for homes now. A lot of factors are contributing to the collapse of the housing market these are just a few that I lay out today the first one that we're going to cover or the mortgage applications the second one we're going to cover is a lack of investor and institutional buyers in the third thing we're going to talk about is how the collapse of ft x and the crypto Market will affect the housing market.
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